18.12.2012 - 25 cities where homes prices are still falling
To compile this list, we teamed up with Local Market Monitor and dug down into data for more than 300 U.S. metro areas (metropolitan statistical areas and metropolitan divisions, as defined by the Office of Management and Budget). LMM assessed Federal Housing Finance Agency price data from October 2011 through September 2012 and then calculated 12-month price projections through September of 2013. For the projections, LMM took into account local economic indicators like job growth, unemployment rates and population growth to help determine the rate of buyer interest versus inventory level a supply-demand relationship that contributes to price movement............................................Full Article: Source
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